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$ 2,200,000
Est. payment /mo
Active
22195 Cedar Street Robertsdale, AL 36567
UPDATED:
Key Details
Property Type Commercial
Sub Type Special Purpose
Listing Status Active
Purchase Type For Sale
MLS Listing ID 394334
Construction Status Resale
HOA Y/N No
Year Built 1973
Property Sub-Type Special Purpose
Source Baldwin County
Property Description
Prime Income-Producing Commercial Opportunity in the heart of Robertsdale, Alabama! This versatile **19,000± SF commercial property** on approximately **2.26 acres** offers exceptional flexibility for investors, owner-users, or businesses looking to expand. The property features an **80' x 140' x 16' warehouse** divided into five approximately **25' x 80'** units, plus a **40' x 40' x 16' open-span pole barn** ready for storage, fabrication, or future customization. The flexible layout allows for single-user occupancy, multiple tenants, or a hybrid owner-occupied investment.
Units 3 and 5 each include a **12' x 25'** framed office/storage area with a private restroom. Unit 6 features a **30' x 30'** framed office/work area with **two restrooms**, providing additional functionality for larger operations or administrative use.
For investors, the numbers make sense. Based on an average lease rate of **$10.00 per square foot annually**, the property has the potential to generate approximately **$190,000 in annual gross rental income** when fully leased. After estimated annual expenses for taxes, insurance, and maintenance, projected **Net Operating Income is approximately $177,000**, supporting the **$2,200,000 asking price at an approximate 8% capitalization rate**.
Located in one of Baldwin County's fastest-growing commercial markets, this property offers excellent accessibility, abundant parking, expansion potential, and strong long-term appreciation prospects. Whether you're seeking a headquarters for your business, a multi-tenant income-producing asset, or both, this property delivers outstanding value, flexibility, and investment potential in a thriving Gulf Coast market. Opportunities like this are becoming increasingly rare—schedule your private tour today. Buyer to verify all information during due diligence.
Units 3 and 5 each include a **12' x 25'** framed office/storage area with a private restroom. Unit 6 features a **30' x 30'** framed office/work area with **two restrooms**, providing additional functionality for larger operations or administrative use.
For investors, the numbers make sense. Based on an average lease rate of **$10.00 per square foot annually**, the property has the potential to generate approximately **$190,000 in annual gross rental income** when fully leased. After estimated annual expenses for taxes, insurance, and maintenance, projected **Net Operating Income is approximately $177,000**, supporting the **$2,200,000 asking price at an approximate 8% capitalization rate**.
Located in one of Baldwin County's fastest-growing commercial markets, this property offers excellent accessibility, abundant parking, expansion potential, and strong long-term appreciation prospects. Whether you're seeking a headquarters for your business, a multi-tenant income-producing asset, or both, this property delivers outstanding value, flexibility, and investment potential in a thriving Gulf Coast market. Opportunities like this are becoming increasingly rare—schedule your private tour today. Buyer to verify all information during due diligence.
Location
State AL
County Baldwin
Zoning Commercial,Industrial,WithinCorpLimits
Interior
Flooring Concrete
Exterior
Utilities Available Water City, Sewage City, Total Electric
Waterfront Description No Waterfront
Roof Type Metal
Building
Lot Description Level, Corner Lot, No Trees, Commercial Park
Construction Status Resale
Others
Special Listing Condition None
Listed by eXp Realty, LLC
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